League Assets Corp.

League Assets Corp.

January 24, 2007 06:00 ET

League's REIT Distributions Outperform Industry Peers

BC's Newest Investment Syndicate Delivers 10% Paid Monthly

VICTORIA, BRITISH COLUMBIA--(CCNMatthews - Jan. 24, 2007) - League Assets Corp. ("League"), a Canadian real estate investment syndicate with assets of more than $75 million, is pleased to announce it has made its debut from a limited partnership to a private real estate investment trust ("REIT") effective January 1, 2007.

League's commitment to acquiring undervalued Canadian properties has produced a syndicated investment vehicle with tax-efficient cash distributions of 10% to its unitholders. While League's decision to remain private shields its investors from the volatility of the public markets, its over-all strategy also ensures the long-term sustainability, stability, and tax-efficiency of its monthly distributions.

Having established the REIT, founders Adam Gant and Emanuel Arruda's objective is to continue acquiring select high-yield assets to maintain the trust's higher-than-average distribution rate, while at the same time further improving the properties to create a substantial increase in net asset value.

Gant and Arruda formed the trust specifically to rejuvenate tired properties that already have good cash flow, but possess unrealized potential-usually in the form of undeveloped buildable space, low rents, or current vacancies-turning them into more profitable ventures with minimal risk and maximum returns for its investors.

"We distinguish ourselves by achieving superior performance and maintaining direct communications with all our unitholders," says League's Chairman, Emanuel Arruda, "but our primary focus is creating additional value."

To do this consistently, League's standards for acquisition are stringent.

"While all improvements made to the properties must impact our bottom line, they must only do so while positively affecting their communities and without harming the environment," said Adam Gant, League's Chief Executive Officer. "Our aim is to enhance the properties such that they rate best in their class and provide quality working environments for our tenants."

Part of the REIT's high rate of income distribution is due to the cost savings of remaining private. League by-passes the standard brokerage fees by dealing with its investors directly. The company's "Blue Book of Real Estate Syndication" is available at www.league.ca for investors interested in learning about syndicated real estate investment in private REITs.

The Canadian real estate market has experienced tremendous growth over the past decade. League management believes the market will continue to advance due to the nation's strong economy, stable political system, low currency risk and abundance of natural resources, making Canada one of the best places in the world to invest in real estate.

About League Assets Corp.

League (www.league.ca) is British Columbia's newest private real estate investment trust with a portfolio consisting to date of some 14 Canadian commercial and retail properties with combined assets of more than $75 million. The trust exists to find, acquire, improve, and manage the most profitable real estate properties across the nation, and to offer these opportunities to other like-minded investors.


Certain statements contained in this news release may include forward-looking information with respect to League's REIT operations and future financial results. Such statements are based on current expectations, are subject to a number of uncertainties and risks, and actual results may differ materially from those contained in such statements. These uncertainties and risks include, but are not limited to, availability of resources, competitive pressures, changes in market activity and regulatory requirements.

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